Lexic.us

Definition of Settlor

1. Noun. (law) a person who creates a trust by giving real or personal property in trust to a trustee for the benefit of a beneficiary; a person who gives such property is said to settle it on the trustee.

Definition of Settlor

1. Noun. (legal) A person who settles property on express trust for the benefit of beneficiaries. ¹

¹ Source: wiktionary.com

Definition of Settlor

1. one that makes a legal settlement [n -S]

Lexicographical Neighbors of Settlor

Literary usage of Settlor

Below you will find example usage of this term as found in modern and/or classical literature:

1. Handbook of the Law of Trusts by George Gleason Bogert (1921)
"THE QUALIFICATIONS OF THE settlor 70. Any person capable of conveying ... The power to be a settlor is restricted by the same rules which govern the ..."

2. Prideaux's Precedents in Conveyancing: With Dissertations on Its Law and by Frederick Prideaux, John Whitcombe (1889)
"And any covenant or contract made in consideration of marriage for the future settlement upon or for the settlor's wife or children of any money or property ..."

3. The Rights and Liabilities of Husband and Wife by John Fraser Macqueen (1905)
"The cases, however, which have most frequently called for the interference of the Court have been those in which the settlor was ..."

4. The Rights and Liabilities of Husband and Wife by John Fraser Macqueen (1905)
"Insolvency of If the settlor is actually insolvent at the date of the settle- inent, he has in fact no property which he has a right to settle; and, ..."

5. The Law and Practice in Bankruptcy Under the National Bankruptcy Act of 1898 by William Miller Collier, William Horace Hotchkiss, Frank Bixby Gilbert, Fred Eugene Rosbrook (1921)
"... be void against such trustee, unless the parties claiming under the settlement can prove that the settlor was, at the time of making the settlement, ..."

6. Prideaux's Precedents in Conveyancing: With Dissertations on Its Law and by Frederick Prideaux, John Whitcombe (1889)
"A voluntary settlement may be set aside, although the settlor's assets, irrespective of what is included therein, may be sufficient to pay his debts at the ..."

7. The Law Relating to Private Trusts and Trustees by Adolph Wislizenus (1896)
"How far Valuable Consideration necessary to bind settlor or his Representatives. (1) The court will enforce a voluntary trust, even against the settlor or ..."

8. A Treatise of the Law of Property: As Administered by the House of Lords by Edward Burtenshaw Sugden, Great Britain Parliament. House of Lords (1849)
"Where an estate is settled upon marriage expressly subject to certain incumbrances, it must of course bear these charges in exoneration of the settlor, ..."

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